Changing compounding frequency$$Using$$ annual, semiannual, and quarterly compounding$$ periods, $(1)$ calculate the future value if$$$$9$ comma $000$ is deposited initially at $11\%$ annual interest for $4$years$,$ and$(2)$ determine the effective annual rate$($EAR$).$

Question content area bottom

Part $1$

Annual Compounding

$(1)$ The future$$ value, FV Subscript n$,$ is $$$

$$

enter your response here. $($Round to the nearest$$ cent.$)$

Part $2$

$(2)$ If the $11\%$ annual nominal rate is compounded$$ annually, the EAR is

$$

enter your response here$\%.($Round to two decimal$$ places.$)$

Part $3$

Semiannual Compounding

$(1)$ The future$$ value, FV Subscript n$,$ is $$$

$$

enter your response here. $($Round to the nearest$$ cent.$)$

Part $4$

$(2)$ If the $11\%$ annual nominal rate is compounded$$ semiannually, the EAR is

$$

enter your response here$\%.($Round to two decimal$$ places.$)$

Part $5$

Quarterly Compounding

$(1)$ The future$$ value, FV Subscript n$,$ is $$$

$$

enter your response here. $($Round to the nearest$$ cent.$)$

Part $6$

$(2)$ If the $11\%$ annual nominal rate is compounded$$ quarterly, the EAR is

$$

enter your response here$\%.($Round to two decimal$$ places.$)$